Sunstone Partners Acquires Majority Stake in Clearwater

Clearwater (Altaris) Acquires CynergisTek

May 23, 2022

Cybersecurity

Clearwater Compliance LLC, an operating company of Altaris Capital Partners, has completed an all-cash take-private acquisition of CynergisTek, Inc. for approximately $17.7 million (stockholders to receive $1.25 per share). The deal brings together two healthcare-focused cybersecurity and compliance firms to expand Clearwater's managed services, privacy, compliance, and IT-audit capabilities.

Clearwater (Altaris) Acquires TECH LOCK from RevSpring

July 27, 2022

Cybersecurity

Clearwater, an operating company of Altaris Capital Partners, has completed the acquisition of TECH LOCK in a carve-out from RevSpring. The acquisition adds TECH LOCK's 24/7 managed detection and response (MDR) capabilities and compliance services (HITRUST, PCI, CMMC, HIPAA) to Clearwater's healthcare-focused cybersecurity and compliance offering.

Precision Aerospace Holdings Acquires Clearwater Engineering

March 18, 2025

Manufacturing

Dallas-based Precision Aerospace Holdings, a portfolio company of Juniper Capital Management and CIC Partners, has acquired Clearwater Engineering, a Derby, Kansas precision machining and CNC milling company serving commercial and government aerospace customers. The add-on deal (closed March 7, 2025) expands Precision's Midwest footprint, adds machining capacity and capabilities, and brings approximately 40 Clearwater employees into the Precision platform.

Clearwater Analytics Acquires Enfusion for ~$1.5 Billion

April 21, 2025

Cloud & SaaS

Clearwater Analytics completed its acquisition of Enfusion, a SaaS provider for investment managers and hedge funds, in a transaction valued at approximately $1.5 billion. The deal creates the industry’s first unified, single-instance, multi-tenant cloud-native front-to-back investment management platform by combining Enfusion’s front-office capabilities with Clearwater’s middle- and back-office solutions and expands Clearwater’s international footprint.

Clearwater Analytics Receives Growth Investment from Permira, Warburg Pincus, Dragoneer and Durable Capital

October 12, 2020

Cloud & SaaS

Clearwater Analytics, the Boise-based SaaS provider of investment accounting and analytics, announced a new growth investment led by Permira, Warburg Pincus, Dragoneer and Durable Capital, with Welsh, Carson, Anderson & Stowe remaining the majority shareholder. The capital will support Clearwater's international expansion (including Europe and Asia-Pacific), continued R&D and pursue transformative M&A opportunities.

Clearstead Advisors Acquires Avalon Trust

March 1, 2023

Wealth Management

Clearstead Advisors has acquired Avalon Trust, a Santa Fe-based wealth management and trust firm, expanding Clearstead's presence in the Southwest and bolstering its trust capabilities. Avalon — which manages approximately $2 billion in assets and has 13 employees — will join Clearstead's platform, with Avalon leaders becoming partners and the combined firm overseeing roughly $28 billion in assets under advisement and management.